Enabling businesses to succeed and grow
The Black Country has a major strengths in Business Professional and Financial Services (BPFS). The sector is growing benefiting from a growth from the area’s major sectors.
The Black Country’s BPFS sector contributes a massive £4.7bn to the UK economy and is forecast to grow by a further £6bn by 2030. The Black Country is home to major international companies such as RAC Group, Charter Court Financial Services, Jonathan Lee Recruitment, Andrew Sykes Group and A & J Mucklow Group.
The Black Country has ambitious plans to develop the advancement of world-class design, manufacturing and engineering opportunities in the Black Country through HVM City. HVM City will create the perfect economic conditions for high value manufacturers to thrive; through investment in world leading people, businesses and places.
As a result this sector continues to go from strength to strength and is creating major demand for high quality office development, presenting significant investment opportunities.
The BPFS sector will see a number of opportunities in the future including:
- Continued growth in the emerging fintech sub sector
- Growth in demand as more firms outsource professional activity
- Increased digitalisation will see major opportunities for IT services
- HVM City
Made in the Black Country, Sold around the World
Charter Court Financial Services now one of the UK’s leading challenger banks with over 40,000 savings accounts and balances in excess of £2 billion since its launch in 2015.
Express & Star is the largest selling regional newspaper in the UK.
RAC Group attend over 2.3 million rescue breakdowns.
Andrew Sykes Group’s air conditioning division linked up with the GB rowing team for their trip to Rio 2016 Olympics, providing the team with around 20 Polar Wind Plus portable units.
A & J Mucklow Group is the largest quoted investment property company in the Midlands.
ADAS is the UK’s largest independent provider of agricultural and environmental consultancy, rural development services and policy advice.